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Pastimes : KKD - Krispy Kreme
KKD 21.000.0%Aug 4 4:00 PM EDT
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To: Jon Khymn who wrote (155)1/9/2002 10:17:07 AM
From: Moominoid   of 214
 
Nothing very clear on that chart - seems to be following the market until 1999. Waves overlap a lot so it is like a long extended wave. In KKD's case they don't overlap, so that indicates the need for more of a serious correction, if you want to look at it that way. In other words, though SBUX keeps going up, it built a base for those moves more consistently. It also saw a big correction in 1999 when the market was going up and the P/E took a dive from around 75 to around 25.
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